PART XIVINPUT TAX AND PARTIAL EXEMPTION
F2102A
1
F1Notwithstanding the Commissioners’ powers to serve a notice under regulation 102, where a taxable person—
a
is for the time being using a method approved or directed under regulation 102, and
b
that method does not fairly and reasonably represent the extent to which goods or services are used by him or are to be used by him in making taxable supplies,
the Commissioners may serve on him a notice to that effect, setting out their reasons in support of that notification and stating the effect of the notice.
2
The effect of a notice served under this regulation is that regulation 102B shall apply to the person served with the notice in relation to—
a
prescribed accounting periods commencing on or after the date of the notice or such later date as may be specified in the notice, and
b
longer periods to the extent of that part of the longer period falling on or after the date of the notice or such later date as may be specified in the notice.